Capitalcore Forex broker review — Everything you need to know

Capitalcore is the company’s trade name, which is Forex, and a binary options broker. The website is owned and operated by Capitalcore LLC. The broker has been around since 2019 and started to offer binary options recently.

Since binaries are super risky assets, we will closely assess the broker’s critical features such as safety, assets, accounts, deposits and withdrawals, support, platforms, and much more.

Capitalcore safety and regulations

Capitacore is only registered in Saint Vincent and the Grenadines but is not overseen by any authority. This is a major red flag as unregulated brokers are very risky. We can not confirm the broker truly follows security policies and keeps trade funds in segregated bank accounts.

As for the negative balance protection, it is not available. Instead, there is a stop-out mechanism to liquidate traders when they go near zero.

Capitalcore Overview of the website

The website of Capitalcore is a bit crowded with various menu items, but it does a good job of providing important information about the broker’s services such as account types, assets, and platforms. The website is swift and responsive despite being crowded with so many menu items. The design is simple and every text is readable, making it easier to navigate and select needed parts of the website. The built-in live chat allows for quick support.

Overall, the Capitalore website is decent and does its job very well.

Capitalcore Accounts Reviewed

Capitalcore offers a tiered accounts structure as there are classic, silver, gold, and VIP trading accounts. When a trader creates an account they can select their trading account type and access both binaries and standard assets.

Capitalcore Classic Account

The classic account is an entry-level trading account that has the lowest minimum deposit requirements. The minimum deposit is just 10 dollars, while the leverage is 1:2000. This is very high leverage and enables traders to control very large trading positions which is very risky for novice traders. Here are its main conditions:

• Minimum deposit – $10
• Maximum leverage – 1:2000
• Spreads from – 1.5 pips
• Commissions – $0
• Stop-out level – 30%
• Bonus available – Yes

This account has expensive spreads, which makes it only suitable for longer-term strategies such as swing trading and trend trading and completely useless for camping.

Capitalcore Silver Account

The silver account is the next tier on the list and it has the following conditions:

• Minimum deposit – $ 1,000
• Maximum leverage – 1:1000
• Spreads from – 1.5 pips
• Commissions – None
• Stop-out level – 30%
• Bonus available – Yes

As we can see, this account is very similar to the classic, except it comes with bigger minimum deposit requirements while spreads are also very expensive.

Capitalcore Gold Account

The gold trading account offers lower spreads, which makes it more competitive than previous tiers. Here is what this account has to offer:

• Minimum deposit – $5,000
• Maximum leverage – 1:200
• Spreads from – 0.6 pips
• Commissions – No
• Stop-out level – 10%
• Bonus available – Yes

The Gold account offers competitive spreads but the minimum deposit is too high, making it unattractive.

Capitalcore VIP Account

The VIP account is an ultimate offering from the broker and it offers the following conditions:

• Minimum deposit – $ 10,000
• Maximum leverage – 1:100
• Spreads from – 0.4 pips
• Commissions – No
• Stop-out level – 10%
• Bonus available – Yes

The VIP is the most attractive account with its lowest spreads but the minimum deposit requirements are too high.

Deposit and withdrawal options at Capitalcore

Deposits and withdrawals can be made with several payment methods. More funding methods are supported for binary options accounts including PayPal, Visa, Bitcoin, PerfectMoney, Ethereum, and MasterCard. Forex accounts do not support Visa and MasterCard bank card payment options, which is a drawback.

Capitalcore Assets — What can you trade?

Traders can access a diverse set of assets at Capitalcore like Forex pairs, metals, futures indices, digital currencies, and stock CFDs. Depending on the account the maximum leverage varies but is mostly flexible enabling for large position sizing. From stocks, traders can access contracts for differences for Amazon, AMD, Adobe, and other top stock choices. All these assets are accessible on mobile devices as well using Capitalcore dedicated mobile apps, which is useful.

Trading platforms of Capitalcore

When it comes to trading platforms, the broker does not provide access to any of the popular advanced software like MT4 and MT5, which is a huge drawback. Instead, it provides its own in-house developed web and mobile trading platforms. This platform is far inferior to the advanced software mentioned above and only provides basic functionality. While it is useful for binary options gambling, trading experience is bad.

Education at Capitalcore

The broker offers a dedicated section for trading educational resources. It offers crypto educational materials, to enable traders to learn the difference between coins and tokens. There is also a Forex trading guide. However, there are no webinars or video resources offered, which is a downside. The broker also offers market news and updates which could be useful to anticipate important news and get market insights.

Capitalcore Customer Support

The customer support at Capitalcore is actually robust consisting of live chat, phone support, and email. There is also a help center and FAQs sections to answer some frequently asked questions. The live chat is directly built into the website which makes it very responsive and useful to get assistance in time. The broker does not offer multilingual support and a website, only English is supported.

Capitalcore bonuses and promotions

The broker only offers a 40% deposit bonus program and there are no other types of bonuses available. There are no other promotions available either, which is also a drawback. The maximum amount to receive in bonus is capped at 2,500 USD for the 40% deposit bonus.

Is Capitalcore your broker? Final verdict

Capitalcore is a Forex and binary options broker that was established in 2019. The website is operated by Capitalcore LLC and is not regulated, which is a major red flag. The broker only offers custom trading platforms and enables binary options trading which is more like a gambling and less like trading. The spreads are expensive on lower-tiered accounts. However, the support is diverse and traders can access a multitude of trading asset classes.

Overall, the broker is not recommended as it is an unregulated binary options broker.

FAQs on Capitalcore broker

Where is Capitalcore based?

Capitalcore is registered in Saint Vincent and the Grenadines, which is an offshore jurisdiction, known for less stringent rules.

Can you withdraw from Capitalcore?

While the broker lists multiple payment methods, we can not confirm nor deny whether it truly allows profit withdrawals, stay away.